We bring you todays market moving news from around the world. Our bloomberg voices are on the ground with this mornings top stories. We want to begin with china. The government has agreed to cut import tariffs on a wide range. F goods joining us is stephen engle. Break down what we know about the tariffs, why now, etc. Stephen this comes fresh after a trade one agreement a phase one trade agreement. A gesture, yes, to show its lowering trade barriers, but it also wants to spur domestic spending for those 859 products he mentioned, from smartphone parts to food, in particular, frozen pork. All of these products will enjoy lower tariffs, and it comes as china hosts a critical trilateral summit this week that has already kicked off in beijing between china and japan. South korea will also take part. Trade, territorial disputes, military maneuverings, of course, exacerbated by north thoses posturing, and all historical animosities still persist. So those talks should be welcome. Been korea
This hearing will come to order. Apologies for beginning a little bit late. We have another vote at about 5 30. I want to thank the four individuals or Witnesses Today for being with us. And i would like to thank as well my friend, senator johnson, for his cooperation and support in moving forward with this hearing. A lot going on of historic magnitude before the United States senate. But the issue before us today is truly of the store consequence in president ial and practical import. The issue is in fact whether four companies sitting here today, represented by very able leadership except their obligation to respond to congressional subpoenas. The apparent refusal to do so in full is not only unprecedented, but it threatens opening a door to other u. S. Companies cloaking themselves from scrutiny whenever they work for a Foreign Government, or even a foreign state owned enterprise. This potential shield invoked by these four consultants risks blocking not only the subcommittee, but a
This hearing will come to order. Apologies for beginning a little bit late. We have another vote at about 5 30. I want to thank the four individuals or Witnesses Today for being with us. And i would like to thank as well my friend, senator johnson, for his cooperation and support in moving forward with this hearing. A lot going on of historic magnitude before the United States senate. But the issue before us today is truly of the store consequence in president ial and practical import. The issue is in fact whether four companies sitting here today, represented by very able leadership except their obligation to respond to congressional subpoenas. The apparent refusal to do so in full is not only unprecedented, but it threatens opening a door to other u. S. Companies cloaking themselves from scrutiny whenever they work for a Foreign Government, or even a foreign state owned enterprise. This potential shield invoked by these four consultants risks blocking not only the subcommittee, but a
Strategic vision for engagement with United States. This hearing will come to order. Apologies for beginning a little late. We have a vote on going and another at about 5 30. But i want to thank the four individuals for being with us and thank, as well, my friend senator johnson as Ranking Member for his cooperation and his support moving forward with this hearing. A lot going on before the United States senate, but the issue before us today is truly of historic consequence in practical and precedential ce in importance. Four company sitting here today are represented by very able leadership, if they accept their obligation to respond to congressional subpoenas. Their apparent refusal to do so in full is not only unprecedented but threatens opening a door to other United States companies, cloaking themselves from scrutiny whenever they work for a Foreign Government or even a foreign, state owned enterprise. This potential shield invoked by these four consultants risk blocking not only
Subcommittee. The four companies represent in sports and on its larger Strategic Vision for engagement with the United States. This hearing will come to order apologies for beginning a little bit late. We had a vote going, about 5 30, but i want to thank the foreign for individuals for being with us today and thank, as well, my friend, senator johnson, as Ranking Member for his cooperation and his support in moving forward with this hearing. A lot going on. Of historic magnitude, before the United States senate, but the issue before us today is truly of historic consequence in president ial and practical import. The issue is, in fact, whether for companies sitting here today represented by barry able leadership accepted their obligation to respond to congressional subpoenas. Their apparent refusal to do so in full is not only unprecedented but it threatens opening the door to other United States companies cloaking themselves from scrutiny whenever they work for a Foreign Government or